News on Mergers and Acquisitions from Oceania

After Oakville Produce (formerly known as the Moraitis Group) entered receivership earlier this month, questions arise how that could happen to a company good for almost a quarter of the Australian Potato market.

UK chip brand, Tyrrells Potato Crisps Ltd, has acquired the Australian company Yarra Valley Snack Foods, producer of the Thomas Chipman Organic Chips range.

Administrators of the New South Wales potato chip business Potato Magic Australia recommend winding the company up and placing it into liquidation.

Potato farmers are looking to take control of the Penola Safries plant to use it for storage.

Potato Magic Australia, a potato chip business owned by one of the country's biggest potato farmers, Paul Rennie, has been placed into administration.

More details have come out in the sale of Mr Chips by Simplot to New Zealand's Balle Bros, first reported by PotatoPro on August 18.

Simplot Australia has announced that it entered into a conditional agreement to sell its shareholding in its New Zealand-based potato manufacturing and distribution business, Simplot Mr Chips Limited, to the Auckland based Balle Bros Group Limited.

Restructuring and corporate advisory firm McGrathNicol was yesterday appointed as receivers following Heard Phillips being appointed administrators of the company.

McCain Foods today announced it has completed the acquisition of Kitchens of Sara Lee (KOSL) Australia from Hillshire Brands, boosting its consumer offering. The transaction, initiated on December 18, is valued at A$82M.

McCain Foods (Aust) Pty. Ltd. today announced that it has signed a Share Purchase Agreement to acquire 100% of the shares of the Kitchens of Sara Lee (KOSL) frozen bakery business based in Australia and New Zealand from Hillshire Brands.

Confirming its position as the leading complete packaging solutions provider, tna is pleased to announce its acquisition of The Cadalec Group.World-renowned specialists in electrical and control system integration, The Cadalec Group bring over 20 years...

The Blackstone Group announced today that its private equity funds have agreed to acquire Antares Restaurant Group in New Zealand from Anchorage Capital Partners. Headquartered in Auckland, Antares has the exclusive franchise development rights for t...

Australian provider of packaging machinery tna announced its acquisition of Arcall, a leading supplier of innovative seasoning and cutting systems.

NZX-listed meat processor Affco is the target of a full takeover bid by its largest shareholder, Talley's Group, which has agreed to buy out the next-biggest investor, raising its stake to 76 per cent.Talley's, which owned 53 per cent has reached an ag...

Cargill announced today that it has entered into an agreement to purchase Goodman Fielder's Commercial Edible Fats and Oils business. The A$ 240 million purchase includes the Commercial business' four fats and oils refining assets located in West Foots...